Brook Park, OH


Highest Appreciating Brook Park Neighborhoods Since 2000

Brook Park, OH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Brook Park Housing Market Information

With 18,809 people, 7,565 houses or apartments, and a median cost of homes of $118,197, house prices in Brook Park are solidly below the national average.

Single-family detached homes are the single most common housing type in Brook Park, accounting for 81.75% of the city's housing units. Other types of housing that are prevalent in Brook Park include large apartment complexes or high rise apartments ( 12.21%), row houses and other attached homes ( 4.67%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.37%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brook Park. Owner-occupied housing accounts for 76.66% of Brook Park's homes, and 73.57% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Brook Park's housing was primarily built during this period, from the '40s through the '60s. A full 80.02% of the city's housing hails from this era. Other housing ages represented in Brook Park include homes built between 1970-1999 ( 16.47%) and housing constructed before 1939 ( 2.30%). There's also some housing in Brook Park built between 2000 and later ( 1.22%).

Brook Park Home Appreciation Rates

Brook Park's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Brook Park during the period has been just -1.57%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Brook Park's appreciation rate, at 3.18%, has been at or slightly above the national average. In the latest quarter, Brook Park's appreciation rate has been -0.21%, which annualizes to a rate of -0.82%.

Relative to Ohio, our data show that Brook Park's latest annual appreciation rate is higher than 50% of the other cities and towns in Ohio.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Brook Park differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Brook Park - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Brook Park real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,106,000 0.2
$830,001 - $1,106,000 0.0
$553,001 - $830,000 0.0
$443,001 - $553,000 0.0
$332,001 - $443,000 0.4
$221,001 - $332,000 2.7
$111,001 - $221,000 64.0
$55,001 - $111,000 28.6
$0 - $55,000 4.1

Low for OH
Low for Nation

Value Relative to Nation Value Relative to State
66.538731981718 65.0918635170604

Number Of Homes And Apartments:

Brook Park Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
-7.65% -0.46% 1 1
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,119 / per month

Homeownership Rate

Owners 76.66
Renters 23.34
Vacant 2.99

Housing Market Details


Age of Homes

2000 or Newer 1.2
1970 - 1999 16.5
1940 - 1969 80.0
1939 or Older 2.3

Types of Homes

Single-Family 81.8
Townhomes 4.7
Small Apt. Buildings 1.4
Apt. Complexes 12.2
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 1.82
1 Bedroom 3.54
2 Bedrooms 18.62
3 Bedrooms 62.81
4 Bedrooms 10.76
5 or more bedrooms 2.45